ORCHARD RISE, FULBECK, MORPETH, NE61 3JU - £830,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

ORCHARD RISE is a very large extended detached house of 297m², built sometime between 2003 and 2006. It was last sold for £830,000 in August 2023, which was around 157% above the average August 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

ORCHARD RISE Sold Prices

Land registry data shows four sales for ORCHARD RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four ORCHARD RISE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 4 AUG	£830,000	£322,838	157% above HPI
2023 2 JUN	£834,000	£313,037	166% above HPI
2017 8 DEC	£695,000	£255,103	172% above HPI
2005 1 AUG	£695,000	£229,913	202% above HPI

ORCHARD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four ORCHARD RISE sales between August 2005 and August 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2023 sale was for 166% above the HPI. So the extrapolation line tracks at 166% above the HPI over time, until the August 2023 sale, where it falls to 157% above the HPI. The line then continues to track at 157% above the HPI.

How Large is ORCHARD RISE?

ORCHARD RISE is 297m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where ORCHARD RISE lies on this distribution: 98% of detached houses are smaller than ORCHARD RISE, and 2% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

ORCHARD RISE: Plot and Title Map

ORCHARD RISE sits on a plot of roughly 0.355 of an acre, or 1,436m². The below map shows the location of ORCHARD RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of ORCHARD RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is ORCHARD RISE?

ORCHARD RISE is located on FULBECK in MORPETH, in the NE61 postcode district. The below map shows the position of ORCHARD RISE on FULBECK.